Residential real estate prices in the Philippines rose by 7.5% in the second quarter of 2025, slightly slower than the 7.6% increase recorded in the first quarter, the Bangko Sentral ng Pilipinas (BSP) reported Friday. Areas Outside the National Capital Region (AONCR) drove the growth with an 11.5% increase, while prices in Metro Manila rose by 2.4%. By housing type, …
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The Aurora Pacific Economic Zone and Freeport Authority (APECO) has partnered with medical device distributor Freya to equip and train personnel for its ₱16.83-million Super Health Center in Casiguran, Aurora, which is expected to open this December. APECO president and CEO Gil Taway IV and Freya managing director Emmanuel Cueto formalized the agreement in Parañaque City on Thursday. Taway said …
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The Philippines and Singapore have started negotiations to update their nearly five-decade-old Double Taxation Agreement (DTA), the Department of Finance (DOF) announced Thursday. The first round of talks was held in Manila from Sept. 2 to 4, covering measures to eliminate double taxation on income and prevent tax evasion and avoidance. Finance Secretary Ralph Recto said the review is long …
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Warehouse club chain Makro is set to return to the Philippines after Ayala Corporation sealed a partnership with Thailand’s CP AXTRA, a leading wholesale and retail operator in Southeast Asia. In a disclosure to the Philippine Stock Exchange last week, Ayala said it has formed M&Co Corporation, a joint venture between its unit AXC Holdings Corp. and CP AXTRA subsidiary …
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Civic leader Dr. Jose Antonio Goitia hit back at fresh criticisms against President Ferdinand “Bongbong” Marcos Jr., denouncing allegations that the Chief Executive is solely to blame for the budget scandal as a “distortion of both the law and the truth.” Goitia was responding to international human rights lawyer Atty. Arnedo Valera, who accused Marcos of betraying his promise of …
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The all-new Suzuki Fronx, Suzuki Philippines’ biggest bet in the compact SUV segment, is now in all dealership nationwide after it was launched recently at The Lakehall at Nena’s Sanctuary in Sta. Rosa, Laguna. The event was such a success that Koichiro Hirao, the president of Suzuki Philippines, underscore its significance, tying it to the company’s 50th anniversary celebration. “For …
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Xpress Super App, the country’s fast-rising mobility and lifestyle platform, was launched last week at Clark Visitors Center of the Clark Development Corporation making it the very first hail-riding app to serve the thriving region. Pampanga commuters can now book sedan and SUV rides via the Xpress Super App, with features Scan & Ride QR onboarding, Advance Booking, and Recurring …
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Omoda & Jaecoo’s SHS super hybrid system, which integrates the fifth-generation 1.5TDGI dedicated hybrid engine, the dedicated hybrid transmission, and a high-performance dedicated hybrid battery pack, achieving comprehensive optimization of power, efficiency, and safety, is rapidly breaking through in the global new energy race. It is now the fastest-growing brand in global NEV sales as its global cumulative sales had …
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The 2025 DOE-Petron Fuel EcoRun successfully made a big comeback last week with a total of 68 vehicles – that included internal combustion engine, hybrid, plug-in hybrid, and battery electric — from 22 car brands participating highlighting their fuel economy performance under real-world driving conditions last week at a designated stretch of the Tarlac-Pangasinan-La Union Expressway (Tplex). The participants were …
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Being comfortable inside vehicle is the No. 1 priority of those buyers who would want the best for their family. As long as their loved ones are comfortable inside the vehicle especially on a long travel, the price is just secondary matter to consider. And if I am now considering to buy one without any consideration on the price, I …
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The Market Monitor Minding the Nation's Business